• Return to Headlines

M&T Bank Corp Bullish Moving Average Crossover Alert (MTB)

By Amy Schwartz

Today, shares of M&T Bank Corp (NYSE:MTB) have crossed bullishly above their 10-day moving average of $166.41 on a volume of 123K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, M&T Bank Corp share prices have been bracketed by a low of $133.78 and a high of $180.77 and are now at $167.17, 25% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for M&T Bank Corp and will alert subscribers who have MTB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses m&t bank corp

Ticker(s): MTB